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conflict resolution & negotiation

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18 Sep

MGT 4380 DISS 1

Discussion board activities will be available for each learning module. Students are encouraged to participate but there are no specific requirements for each week’s participation. Students may provide a main post or respond to other students’ main posts. The participation should be as substantive as each student prefers. The purpose of the discussion board is to 1) ensure students are logging in and participating each week and 2)provide students an opportunity to learn from each other to the degree that each student prefers.

Instructions for Module 1 Discussion Board

Complete the Conflict Skills Inventory on p. 8 of your textbook. Complete the Self-Reflection assignment on pg. 397 of your textbook. Report the results of your inventories. What conflict management style did the inventory associate you with? What items in the Self-Reflection assignment did you mark a little bit or not really?

Think about a current or previous problem or conflict in your work environment. Which of the five conflict styles best describes your approach to that conflict? Does this match your results to the Conflict Skills Inventory? Why or why not? Which style best describes the style(s) used by others in the conflict? Was the conflict or problem successfully resolved? Why or why not?

Newer strategic management and competitive advantage
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Older This week, let’s focus on an activity that will then drive a discussion among our classmates. Chapter 2 talks about five environmental threats to the profitability of firms in an industry (also known as Porter’s Five Forces). This is such a good tool for a manager and I want you to become familiar with applying it. It is a tool you can use when we start looking at cases. You can get a better of idea of how the 5 Forces work by watching how Michael Porter explains them. https://www.youtube.com/watch?v=mYF2_FBCvXw So, let’s practice applying the five forces. I want you to complete #2.9 in the Problem Set on page 58. 2.9-perform an analysis of the profit potential on the following two industries: (page 58) The pharmaceutical industry The pharmaceutical industry consists of firms that develop, patent, and distribute drugs. Although this industry does not have significant production economies, it does have important economies in research and development. Product differentiation exists as well, because firms often sell branded products. Firms compete in research and development. However, once a product is developed and patented, competition is significantly reduced. Recently, the increased availability of generic, non-branded drugs has threatened the profitability of some drug lines. Once an effective drug is developed, few, if any, alternatives to that drug are available. Drugs are manufactured from commodity chemicals that are available from numerous suppliers. Major customers include doctors and patients. Recently, increased costs have led the federal government and insurance companies to pressure drug companies to reduce their prices. The Textile Industry The textile industry consists of firms that manufacture and distribute fabrics for use in clothing, furniture, carpeting, and so forth. Several firms have invested heavily in sophisticated manufacturing technology, and many lower-cost firms located in Asia have begun fabric production. Textiles are not branded products. Recently, tariffs on some imported textiles have been implemented. The industry has numerous firms; the largest have less than 10 percent market share. Traditional fabric materials (such as cotton and wool) have recently been threatened by the development of alternative chemical-based materials (such as nylon and rayon), although many textile companies have begun manufacturing with these new materials as well. Most raw materials are widely available, although some synthetic products may be periodically in short supply. There are numerous textile customers, but textile costs are usually a large percentage of their final product’s total costs. Many users shop around the world for the low prices on textiles. Apply the five environmental threats (the 5 Forces) to either the pharmaceuticals industry or the textile industry. Write a brief analysis on either pharmaceuticals or textiles using the information in the problem. After you post your analysis, read and comment on how other students answered the question as well. (400-450 words, with 3 citations)